Securities / Derivatives

AML / KYC

MAS Identifies AML/CFT Control Lapses at VCCs

By Manesh Samtani | 14/09/2022

MAS found issues with EFI appointment, oversight and escalation. Customer risk assessments and ongoing monitoring need improvement.

Market Infrastructure

Japan FSA Proposes New Derivatives Reporting Guidance

By Editors | 14/09/2022

The draft guidelines explain the data fields that need to be included in reporting, along with technical specifications and best practices for reporting.

Securities / Derivatives

“No Consensus” on ESG Reporting Standards at Exchanges

By ESG Investor | 14/09/2022

The WFE said exchanges report increased demand from investors for ESG disclosures, but limited progress in providing common guidance on reporting standards.

Securities / Derivatives

Singapore Introduces Bill to Enhance Business Trust Governance

By Editors | 13/09/2022

CEOs will have to disclose interests in transactions. Unlisted business trusts will have to obtain and maintain information on beneficial ownership of their units.

Crypto / Digital Assets

US SEC to Establish New Office for Crypto-related Filings

By Manesh Samtani | 13/09/2022

In a recent speech, SEC chair Gary Gensler highlighted the need for better disclosures for crypto investors. He also said the “vast majority” of crypto tokens are securities.

Crypto / Digital Assets

SFC Allows HashKey to Manage Funds Comprising 100% Crypto

By Editors | 13/09/2022

HashKey says it will be allowed to manage funds exclusively investing in virtual assets in compliance with the SFC’s regulations

Securities / Derivatives

Moscow Exchange Reopens Equity Market to Foreign Investors

By Editors | 13/09/2022

The equity market is reopened for non-resident investors from “friendly jurisdictions” and non-residents controlled by Russian legal entities or individuals.

ESG / Sustainability

SGX RegCo to Further Enhance Corporate Governance Rules

By Manesh Samtani | 13/09/2022

SGX RegCo will consult on mandatory requirements for listed companies to disclose the dollar values of director and CEO remuneration.

Crypto / Digital Assets

CME Group Announces Launch Of Ether Options

By Editors | 12/09/2022

The new options contract is being launched in anticipation of the upcoming Ethereum Merge, which CME sees as a “potentially game-changing update”.